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Atlantic Petroleum P/F — Earnings Release 2015
Apr 7, 2015
8209_iss_2015-04-07_2affe1fe-0276-47cb-82b5-e7137db063e7.html
Earnings Release
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Operations update March 2015
Operations update March 2015
Tórshavn, Faroe Islands 2nd April 2015, 2015-04-07 10:44 CEST (GLOBE NEWSWIRE)
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P/F Atlantic Petroleum (NASDAQ OMX COPENHAGEN: ATLA DKK & Oslo Stock Exchange:
ATLA NOK) today announces that during the month of March, Atlantic Petroleum
produced a net total of 41,000 barrels of oil equivalents (boe) from the
Chestnut, Ettrick and Blackbird fields. The average daily production was 1,322
boe per day net to the Company. Production on the Chestnut field was impacted
during the first half of the month by planned scale squeeze operations. Both
production wells are now back on stream.
Atlantic Petroleum in brief:
Atlantic Petroleum is a full cycle exploration and production (E&P) Group
focused on North West Europe. Atlantic Petroleum currently holds 37 oil and gas
licences in the UK, Norway and Ireland, and has three fields in production in
the UK part of the North Sea. In addition to this, the Group has one field
under development with first oil expected in 2016, two additional potential
development projects and a substantial number of exploration prospects.
Atlantic Petroleum participates in joint ventures with 30 reputable,
international partners. Atlantic Petroleum?s main office is located in
Tórshavn, Faroe Islands, and the Company has subsidiaries and technical offices
in London, UK and Bergen, Norway. Atlantic Petroleum?s existing shares are
listed on NASDAQ OMX Copenhagen and on Oslo Stock Exchange.
Further Details:
Further details can be obtained from Ben Arabo, CEO, tel +298 350100
([email protected]). This announcement will be available, together with
other information about Atlantic Petroleum, on the Company's website:
www.petroleum.fo.
On the website, it is also possible to sign up for the Company?s e-mail
newsletter.
Announcement no.14/2015
Issued 07-04-2015
P/F Atlantic Petroleum
Yviri við Strond 4
P.O. Box 1228
FO-110 Tórshavn
Faroe Islands
Telephone +298 350 100
Fax +298 350 101
Website: www.petroleum.fo
E-mail: [email protected]